ITS CHATELINEAU: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ITS CHATELINEAU
Largest movements
- Tangible fixed assets -€113,008
down €113,008 (-7.9%), from €1.4m to €1.3m
of which Other tangible fixed assets: -€73,187
- Receivables within one year +€82,807
up €82,807 (+14.7%), from €565,230 to €648,037
of which Trade receivables: +€145,858
- Stocks and contracts +€44,624
up €44,624 (+3.4%), from €1.3m to €1.4m
- Tax, wage and social debts +€277,461
up €277,461 (+436%), from €63,653 to €341,114
of which Taxes: +€245,008
- Other debts -€248,617
down €248,617 (-68.3%), from €364,200 to €115,583
- Debts after one year -€183,136
down €183,136 (-12.3%), from €1.5m to €1.3m
of which Financial debts: -€183,136
- Trade debts +€118,023
up €118,023 (+15.3%), from €771,810 to €889,833
- Profit (loss) carried forward +€37,380
up €37,380, from -€284 to €37,097
- Gross operating margin -€449,764
down €449,764 (-32.8%), from €1.4m to €921,612
- Staff costs -€390,987
down €390,987 (-37.6%), from €1.0m to €647,734
- Financial charges -€64,289
down €64,289 (-44.7%), from €143,825 to €79,536
of which Financial charges: -€67,129
- Depreciation -€42,186
down €42,186 (-25.8%), from €163,471 to €121,285
- Taxes +€18,473
up €18,473 (+2,022%), from €914 to €19,386
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,355,792 | €3,349,043 | -€6,749 | -0.2% |
| Fixed assets | 21/28 | €1,425,525 | €1,317,765 | -€107,761 | -7.6% |
| Intangible fixed assets | 21 | €1,583 | €698 | -€885 | -55.9% |
| Tangible fixed assets | 22/27 | €1,423,942 | €1,310,935 | -€113,008 | -7.9% |
| Plant, machinery and equipment | 23 | €59,426 | €43,738 | -€15,688 | -26.4% |
| Furniture and vehicles | 24 | €70,908 | €46,775 | -€24,133 | -34.0% |
| Other tangible fixed assets | 26 | €1,293,608 | €1,220,422 | -€73,187 | -5.7% |
| Financial fixed assets | 28 | - | €6,132 | +€6,132 | |
| Current assets | 29/58 | €1,930,267 | €2,031,279 | +€101,012 | +5.2% |
| Stocks and contracts in progress | 3 | €1,316,570 | €1,361,194 | +€44,624 | +3.4% |
| Stocks | 30/36 | €1,316,570 | €1,361,194 | +€44,624 | +3.4% |
| Amounts receivable within one year | 40/41 | €565,230 | €648,037 | +€82,807 | +14.7% |
| Trade receivables | 40 | €500,278 | €646,136 | +€145,858 | +29.2% |
| Other amounts receivable | 41 | €64,952 | €1,902 | -€63,050 | -97.1% |
| Cash at bank and in hand | 54/58 | €11,229 | €11,715 | +€486 | +4.3% |
| Deferred charges and accrued income | 490/1 | €37,238 | €10,333 | -€26,906 | -72.3% |
| Total equity and liabilities | 10/49 | €3,355,792 | €3,349,043 | -€6,749 | -0.2% |
| Equity | 10/15 | €39,716 | €77,097 | +€37,380 | +94.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€284 | €37,097 | +€37,380 | |
| Amounts payable | 17/49 | €3,316,076 | €3,271,947 | -€44,130 | -1.3% |
| Amounts payable after more than one year | 17 | €1,489,246 | €1,306,111 | -€183,136 | -12.3% |
| Financial debts | 170/4 | €1,324,139 | €1,141,003 | -€183,136 | -13.8% |
| Other amounts payable | 178/9 | €165,107 | €165,107 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,826,830 | €1,965,836 | +€139,006 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €327,167 | €331,202 | +€4,035 | +1.2% |
| Financial debts | 43 | €300,000 | €288,104 | -€11,896 | -4.0% |
| Credit institutions | 430/8 | €300,000 | €288,104 | -€11,896 | -4.0% |
| Trade debts | 44 | €771,810 | €889,833 | +€118,023 | +15.3% |
| Suppliers | 440/4 | €771,810 | €889,833 | +€118,023 | +15.3% |
| Taxes, remuneration and social security | 45 | €63,653 | €341,114 | +€277,461 | +436% |
| Taxes | 450/3 | €63,653 | €308,661 | +€245,008 | +385% |
| Remuneration and social security | 454/9 | - | €32,453 | +€32,453 | |
| Other amounts payable | 47/48 | €364,200 | €115,583 | -€248,617 | -68.3% |
| Non-recurring operating income | 76A | €8,270 | - | -€8,270 | |
| Remuneration, social security and pensions | 62 | €1,038,721 | €647,734 | -€390,987 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,471 | €121,285 | -€42,186 | -25.8% |
| Other operating charges | 640/8 | €24,729 | €16,290 | -€8,439 | -34.1% |
| Gross operating margin | 9900 | €1,371,375 | €921,612 | -€449,764 | -32.8% |
| Operating profit (loss) | 9901 | €144,455 | €136,302 | -€8,152 | -5.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | +187% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +187% |
| Financial charges | 65/66B | €143,825 | €79,536 | -€64,289 | -44.7% |
| Recurring financial charges | 65 | €143,807 | €76,679 | -€67,129 | -46.7% |
| Non-recurring financial charges | 66B | €18 | €2,858 | +€2,840 | +15,690% |
| Profit (loss) for the period before taxes | 9903 | €630 | €56,767 | +€56,137 | +8,916% |
| Income taxes | 67/77 | €914 | €19,386 | +€18,473 | +2,022% |
| Profit (loss) for the period | 9904 | -€284 | €37,380 | +€37,664 | |
| Profit (loss) for the period to be appropriated | 9905 | -€284 | €37,380 | +€37,664 |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.